This also means that a cable company can do well financially even though its customers are not particularly satisfied. The information here is provided for your convenience only. Nutrition & Biosciences, Inc., DuPont de Nemours Italiana Srl, International Flavors & Fragrances, Inc., Lebanon Valley College, Hun School of Princeton, Inc., The Prium (United States), Tyco Fire & Building Products LP, Grove City College, Comcast Corp., DuPont Safety Resources, DuPont de Nemours, Inc., DuPont Deutschland Holding GmbH & Co. KG, The Children's Hospital of Philadelphia, Comcast Corp., University City District (Pennsylvania), Schuylkill River Development Corp., Delaware Valley Healthcare Council, Solutions For Patient Safety, National Assn of Children's Hospitals & Related Institutions, Federal Reserve Bank of Philadelphia, Leonard Davis Institute of Health Economics. According to the Global Leaders Forum Survey, the gender gap is highest in . [247], On August 8, 2016 an official Comcast employee confirmed that Comcast was changing native 1080i channels to the 720p60 format. Over a number of years, Comcast became majority owner of Comcast SportsNet, as well as Golf Channel and NBCSN (formerly the Outdoor Life Network, then Versus). These issues and others led to Comcast being dubbed "The Worst Company in America" by The Consumerist in 2010 and 2014. Comcast Cable also provides similar services to small to medium-sized business through its Comcast Business brand, and Fortune 1000 companies through its Comcast Enterprise brand. Governance and Corporate Responsibility Committee Charter, Compensation and Human Capital Committee Charter, Governance and Corporate Responsibility Committee. The SEC Filings on this page are provided by EDGAR (www.sec.gov), the Electronic Data Gathering, Analysis, and Retrieval System of the U.S. Securities and Exchange Commission (SEC). Brian is the recipient of the Humanitarian Award from the Simon Wiesenthal Center and the Pennsylvania Societys Gold Medal for Distinguished Achievement Award. [citation needed], Comcast's cable acquisitions in 1997 were Jones Intercable, Inc. with 1 million customers, and a stake in Prime Communications with 430,000 subscribers. Governance and Corporate Responsibility Committee. The next day on September 26, 2018, Fox with the consent of its acquirer sold its 39% stake to Comcast in exchange for $15 billion in cash. In July 2006, Comcast purchased the Seattle-based software company thePlatform. He and his wife, Aileen, live in Philadelphia. [153] Time Warner Cable and Comcast aimed to merge into one company by the end of 2014 and both have praised the deal, emphasizing the increased capabilities of a combined telecommunications network, and to "create operating efficiencies and economies of scale". As its customer satisfaction eroded by 7% over the past year, revenue increased by 12%." [31] A dispute in 2004 with CWA, a labor union representing many employees at Comcast's Beaverton, Oregon offices, led to allegations of management intimidating workers, requiring them to attend anti-union meetings and unwarranted disciplinary action for union members. The Children's Hospital of Philadelphia, The Children's Hospital of Philadelphia Foundation, Merion Golf Club, CBRE Clarion Global Real Estate Income Fund, Comcast Corp. AptarGroup, Inc., McCormick & Co., Inc., Royal Caribbean Group, Comcast Corp. EVP-Legal Regulatory Affairs & General Counsel, Executive Vice President-Corporate Strategy, Chief Compliance Officer & Senior Vice President, Chief Diversity Officer & Executive Vice President, Director-Government Affairs, Central Valley, Dir.-Technical Operations/Engineering Operations, Dir.-External Communications, Twin Cities Region, Dir-Government & External Affairs, Keystone Region, Senior Dir-Gov & External Affairs-Keystone Region, Senior VP & Senior Deputy General Counsel, Vice President-Sales & Marketing-Big South Region, Vice President & Senior Deputy General Counsel, Chief Transaction Compliance Officer & VP, EVP-Global Corporate Development & Strategy, Vice President-Finance & Business Operations, Chief Information Security Officer & Executive VP, Chief Accounting Officer, EVP & Controller, Total Insider Purchases and Sales Reported to the SEC, Vanguard US Total Market Shares Index ETF, Vanguard Institutional Total Stock Market Index Trust, Capital Research & Management Co. (International Investors), Capital Research & Management Co. (Global Investors), Capital Research & Management Co. (World Investors). Circuit to reverse the District Court's approval for AT&T acquisition of Time Warner (now renamed WarnerMedia). [82] In 1968, American Cable Systems purchased its first franchise of Muzak, a brand of background music played in retail stores. [96] In 1997, Microsoft invested $1 billion in Comcast, and the company launched its digital TV service. Co-Chief Executive Officer, Director Theodore A. Sarandos Co-Chief Executive Officer, Chief Content Officer, Director Spencer Adam Neumann Chief Financial Officer Jeffrey William Karbowski. Entertainment. [150], On February 12, 2014, the Los Angeles Times reported that Comcast sought to acquire Time Warner Cable in a deal valued at $45.2 billion. Following the acquisition, Comcast announced it will set up its first development center in Israel. [198][199] On July 18, 2018, Bloomberg reported that the Sky board scheduled July 27, 2018 as the day shareholders vote on selling Sky properties. [35][36] The Boston Globe found Comcast to be that city's top place to work in 2009. [104][105] This spurred the start of Comcast Advertising Sales (using AT&T's groundwork) which would later be renamed Comcast Spotlight and now effectv, A Comcast Company. . Comcast's NHL deal obligated them to create a U.S. version of NHL Network, launched in October 2007. [200], However, on July 12, 2018, the Department of Justice filed a notice of appeal with the D.C. Brian L. Roberts. In 1996, Comcast bought a controlling stake in Spectacor from the company's founder, Ed Snider. International stock quotes are delayed as per exchange requirements. [15][16] It has violated net neutrality practices in the past, and, despite its commitment to a narrow definition of net neutrality,[17] critics advocate a definition that precludes any distinction between Comcast's private network services and the rest of the Internet. [190][191][192] On June 19, 2018, Disney formally agreed to acquire Sky News as part of Fox's proposed bid, with a 15-year commitment to increase its annual funding from 90 million to 100 million. [109][110] However, after rejection by Disney and uncertain response from investors, the bid was abandoned in April. CBS Network News: 60 minutes, 48 hours, CBS Evening News with Dan Rather, CBS Morning News, Up to the Minute. [184], On May 7, 2018, Comcast announced a potential bid against Disney's effort to acquire Fox after it spoke to investment banks about making a $60 billion cash offer, pending on approval of the AT&TTime Warner merger. ); the film studio Universal Pictures; the VOD streaming service Peacock; animation studios (DreamWorks Animation, Illumination, Universal Animation Studios) and Universal Parks & Resorts. In this role . Boards and Commissions - Board Directory An official website of the City of Chicago Here's how you know CHIBoards and Commissions Home Board Directory Member Search Ethics and Open Meetings Boards and Commissions Directory The information on this site is current as of January 26, 2023 Corporate Brian L. Roberts Chairman & Chief Executive Officer View Bio Jason S. Armstrong Chief Financial Officer & Treasurer View Bio Lisa Bonnell Executive Vice President, Comcast Global Audit & General Auditor View Bio Francis M. Buono Executive Vice President, Legal Regulatory Affairs & Senior Deputy General Counsel View Bio The new ViacomCBS board will have a number of familiar faces with six former CBS Corp. directors and four former Viacom directors, while Paul Reilly resigned as a member of comScore's board. Brian has won numerous business and industry honors for his leadership. Email. "[29] A widely read article by an anonymous Comcast call center employee appeared in November 2014 on Cracked. [83] That same year, in partnership with Disney, Comcast got a 50.1% controlling interest in E! [19] Given its negotiating power as a large ISP, some suspect that it could leverage paid peering agreements to unfairly influence end-user connection speeds. Its ownership of both content production (in NBCUniversal) and distribution (as an ISP) has raised antitrust concerns. Kenneth J. Bacon has served as a director since November 2002. [152] This was to add several metropolitan areas to the Comcast portfolio, such as New York City, Los Angeles, DallasFort Worth, Cleveland, Columbus, Cincinnati, Charlotte, San Diego, and San Antonio. [117] This represented an entry into a new line of businessselling software to allow companies to manage their Internet (and IP-based) media publishing efforts. Board of Directors Officers of the Board Kim Sasser Hayden, Chair. [151] On February 13, it was reported that Time Warner Cable agreed to the acquisition. [80][84] In 1977, HBO was first launched on a Comcast system with 20,000 customers in western Pennsylvania with a five-night free preview getting a 15% sign up rate. [246] The FCC issued a $2.3 million fine to Comcast after finding that the company was charging customers for unordered services and equipment. Comcast became the sponsor of NASCAR's second-tier series renaming it the NASCAR Xfinity Series in 2015. [203] Three days later, Comcast officially announced that it was dropping its bid on the Fox assets in order to focus on their bid for Sky. On November 16, 2017, it was reported that Comcast attempted to purchase 21st Century Fox, following the news 10 days earlier that The Walt Disney Company negotiated with Fox to acquire the same assets. The information here is provided for your convenience only. Greg Butz. To access the individual Committee Charters please click below. The Cable Communications segment consists of Comcast Cable, which is a provider of broadband, video, voice, wireless, and other services to residential customers in the United States under the Xfinity brand. This section contains our Board of Directors' biographies. He served as President and Chief Executive Officer of the Company from 2006 - 2020. Read more on hollywoodreporter.com. [75], According to watchdog group Documented, in 2020 Comcast contributed $200,000 to the Rule of Law Defense Fund, a fund-raising arm of the Republican Attorneys General Association that was shown to have provided funding to the Save America March that devolved into an attack on the U.S. Capitol on January 6, 2021.[76]. On April 8, 2005, a partnership led by Comcast and Sony Pictures Entertainment finalized a deal to acquire MGM and its affiliate studio, United Artists, and created an additional outlet to carry MGM/UA's material for cable and Internet distribution. In 2003, Comcast became one of the original investors in The Golf Channel. The information in this document represents our understanding of federal income tax laws and regulations, but does not constitute personal tax advice based on your specific situation. Accordingly, Comcast does not accept any responsibility for the content or use of any information obtained through EDGAR. Browse Board of Directors By First Name A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Browse Executives by First Name A B C D E F G H I J K L M N O P Q R S T U V W X Y Z A B C D E F G H I J K [252][253] Forbes magazine criticized the decision not to carry the college sports network as violating a fundamental principle of marketing: "never give your customers a reason to switch. Mr. Bacon also serves as a director of Ally Financial Inc., Arbor Realty Trust, Inc. and Welltower Inc. and is a member of the National Multifamily Housing Council. [97] In 1999, Comcast sold Comcast Cellular to SBC Communications for $400 million, releasing them from $1.27 billion in debt. [80], In November 1999, Comcast purchased Lenfest Communications, who were the ninth largest cable television operator at the time and were the largest operator in the Philadelphia area. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. The new service, described as being a "Wi-Fi and MVNO-integrated product", and was expected to launch in mid-2017. Detailed Quotes Tools Email Alerts RSS Feeds IR Contact FAQs For new students, we take the time and care to arrange individual placement interviews to match you with the right teacher to meet your individual musical needs.Summer private . To learn more about Directors, click on the individual's name in the chart. We highlight various female leaders in the broadband industry. Post Office Box 5061, Monroe, Louisiana 71211. boardinquiries@lumen.com. [108] The deal would have made Comcast the largest media conglomerate in the world. Comcast has no control over the information provided by EDGAR and cannot guarantee the sequence, accuracy, or completeness of any information or data displayed through EDGAR. You should consult your own tax advisor regarding the applicability of any state, local and foreign tax laws. (see, Meg James "Los Angeles Times" February 12, 2013, Last edited on 27 February 2023, at 23:10, National Cable & Telecommunications Association, Attempted purchase of Time Warner Cable by Comcast, United States Department of Justice Antitrust Division, How to Train Your Dragon: The Hidden World, Acquisition of 21st Century Fox by Disney, Bloomberg profile on Comcast Holdings Corporation, "Comcast Corporation 2022 Annual Report (Form 10-K)", "Comcast, Form 8-K, Current Report, Filing Date Jan 31, 2011", "Comcast, Form 8-K, Current Report, Filing Date Feb 12, 2013", "Comcast, Form 8-K, Current Report, Filing Date Mar 19, 2013", "Comcast Completes Acquisition Of GE's 49% Stake In NBCUniversal", "Comcast Tops Q3 Earnings Forecast After $40 Billion Sky Deal", "Comcast Is Crowned Consumerist.Com's 2010 'Worst Company in America', J.D. It also has significant holdings in digital distribution, such as thePlatform, which it acquired in 2006; and ad-tech company FreeWheel, which it acquired in 2014. Until November 2018, Sky was owned by 21st Century Fox through a 39.14% controlling stake;[219] on 9 December 2016, following a previous attempt under News Corporation that was affected by the News International phone hacking scandal, 21st Century Fox announced that it had agreed to buy the remainder of Sky, pending government approval. Source: FactSet. In the fall of 2018, it finished construction of the 1,121ft (342m) Comcast Technology Center, Pennsylvania's tallest skyscraper, adjacent to its original headquarters. ACTIVE DIRECTOR TRENT CLAUSEN Vice President of Engineering Comcast Cable. [209], Comcast Cable, which goes by the brand name Xfinity, provides cable television, broadband internet, and home telephone services. Between 1999 and 2009, return on capital nearly tripled to 7%. Compensation and Human Capital Committee. According to Heidrick & Struggles Board Monitor, there are approximately 5,500 board seats in the Fortune 500, and of that number 14.5 percent are held by CFOs or retired CFOs. It would not include the Fox Broadcasting Company, Fox Television Stations, Fox Sports, and Fox News units, all which will be spun-off into a new independent company,[176] which is later known as the Fox Corporation since the 2019 launch. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. [69][70] Comcast spent the most money of any organization in support of the Stop Online Piracy and PROTECT IP bills, spending roughly $5 million to lobby for their passage. Roberts owns or controls about 1% of all Comcast shares but all of the Class B supervoting shares, giving him an "undilutable 33% voting power over the company". [186] Then on June 5, 2018, Culture Secretary Matt Hancock cleared both 21st Century Fox and Comcast's respective offers to acquire Sky plc. Comcast has also operated local channels in some markets, such as Comcast Television in the Detroit region, Comcast Network in the Philadelphia and Mid-Atlantic regions (formerly CN8), and Comcast Entertainment Television in Denver and parts of Utah. Board of Directors Ted Baecher. [124], In April 2005, Comcast and Time Warner Cable announced plans to buy the assets of bankrupted Adelphia Cable. This document, together with the Articles of Incorporation, comprises Comcast's governing instruments. Private lessons provide students individual instruction with one of Levine's talented faculty members and are geared towards the specific goals, needs, and aspirations of each student regardless of experience or age. With $18.8 million spent in 2013, Comcast has the seventh largest lobbying budget of any individual company or organization in the United States. [73] Comcast and other cable companies have lobbied state governments to pass legislation restricting or banning individual cities from offering public broadband service. President of Chicago State University Independent Director since 2022 Smita Shah, P.E. In 2007, Tye joined the law firm of Morgan Hill, P.C., as an associate attorney. ACTIVE DIRECTOR JAMES CAMPBELL Senior Director, Government Affairs Altice USA. At the time, American Cable was a small cable operator in Tupelo, Mississippi, with five channels and 12,000 customers. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. CNN's Executive Vice President of Programming, CNN U.S. is Michael Bass. It operates through the following segments: Cable Communications, Media, Studios, Theme Parks, and Sky. [80] In 1988, Comcast was able to buy a 50% share of SCI Holdings in a joint deal with Tele-Communications Inc.[88] Comcast also acquired American Cellular Network Corporation in 1988 for $230 million, marking the first time it became a mobile phone operator. [111] In 2004, Comcast sold its QVC shares to Liberty Media for $7.9 billion.[112]. "[254] North Carolina Governor Roy Cooper asked Comcast and AT&T to carry the network, after which AT&T did so on their U-Verse cable service. [115] In December 2005, Comcast announced the creation of Comcast Interactive Media, a new division focused on online media. It does not purport to be complete or to describe the consequences that may apply to you given your particular taxes. Fox's offer is contingent on the divestiture of Sky News. Mark Aslett is President and Chief Executive Officer, and a member of the Board of Directors. The Atlantic Council has an enormous board of directors that includes retired public servants like George W. Bush national security adviser Stephen Hadley and Gen. David Petraeus; lobbyists. With their theme park in California being closed since March 2020 and limited capacity at locations in Florida and Japan, the company was prompted to lay off a number of their employees; revenue for their theme park locations fell 81 percent to $311 million from $1.63 billion in 2019. Comcast's executive vice president, David Cohen, admitted the company needed to improve their customer service. [231][232][233] In November 2022, Comcast and Charter announced that the joint venture would use the Xumo name, with Xfinity Flex, Xumo, and XClassTV rebranded as Xumo Stream Box, Xumo Play, and Xumo TV respectively.[234]. Steve Raney. Comcast planned to position the service as a compliment to its premium streaming service Peacock (as well as compete with ViacomCBS's Pluto TV and Fox Corporation's Tubi), and leverage its streaming technology, as well as its distribution partnerships with smart TV manufacturers. Base pay is one part of the Total Rewards that Comcast provides to compensate and recognize employees for their work. [67] Comcast's PAC, the Comcast Corporation and NBCUniversal Political Action Committee, is among the largest PACs in the U.S., raising about $3.7 million from 2011 to 2012 for the campaigns of various candidates for office in the United States Federal Government. Stephen B. Burke has served as an Executive Vice President for more than five years. This document, together with the By-Laws, comprises Comcast's governing instruments. The SEC Filings on this page are provided by EDGAR (www.sec.gov), the Electronic Data Gathering, Analysis, and Retrieval System of the U.S. Securities and Exchange Commission (SEC). [83], The company was re-incorporated in Pennsylvania on March 5, 1969, under the new name Comcast Corporation. [23] Legal expert Susan P. Crawford has said this gives him "effective control over [Comcast's] every step". [165], In August 2015, Comcast announced to speed up Internet for low-income customers from 5 megabits per second (mbps) to 10 Mbit/s, provide free wireless routers, and will pilot an initiative to increase Internet access for low-income senior citizens. Comcast executive David Cohen has joined PNC's board of directors. In 2008, Black Enterprise magazine rated Comcast among the top 15 companies for workforce diversity. The ACSI analysis also addresses this contradiction, stating that "Such pricing power usually comes with some level of monopoly protection and most cable companies have little competition at the local level. [161] On March 6, 2014, the United States Department of Justice Antitrust Division confirmed it was investigating the deal. We have indicated that . [129] On January 1, 2007, Comcast officially took control of the Houston system but continued to operate under the Time Warner Cable brand until June 19, 2007. [253][255], In June 2021, the Supreme Court rejected a petition for review by Comcast regarding an anti-trust lawsuit by Viamedia, Inc. after the Biden administration had recommended against review. Under his leadership, Comcast has grown into a global company uniquely positioned at the intersection of media and technology with three primary businesses, Comcast Cable, NBCUniversal and Sky. It was reported that under the current deal with GE that it would happen in November or December. *Independent as defined by NASDAQ rules and under the Company's Corporate Governance Guidelines. [166] In September of that year Comcast also launched Watchable, a YouTube competitor. [182], On April 12, the Panel on Takeovers and Mergers ruled that Disney had to acquire all of Sky within 28 days of fully acquiring Fox if the latter's acquisition of Sky was not completed by the time the merger was done, or if Comcast's counter-offer wasn't accepted. Stephen (Steve) J. Rohleder Chair of Cognizant's Board of Directors; Former Group Chief Executive, North America and Chief Operating Officer of Accenture Joseph (Joe) M. Velli Former Senior Executive Vice President of The Bank of New York Sandra S. Wijnberg Former Partner, Aquiline Holdings Get answers to your questions Comcast's Code of Conduct provides guidelines for the proper conduct of its employees, officers and directors. Comcast was also ordered to disclose the full amounts customers will be charged for using their services on their advertisements. The Comcast and NBCUniversal IDCs meet regularly throughout the year, and are chaired respectively by David L. Cohen, Senior Executive Vice President and Chief Diversity Officer for Comcast Corporation, and Craig Robinson, Executive Vice President and Chief Diversity Officer for NBCUniversal. Officers of the Foundation Lorina Marshall-Blake President Juan Lopez Treasurer Community Report Mark S. Hoplamazian was appointed to Hyatt Hotels Corporation's board of directors in November 2006 and subsequently named president and chief executive officer in December 2006. Raymond James Bank. Comprised of the most innovative leaders in media, technology, marketing, and advertising, our Board of Directors rallies our communities to grow our impact exponentially. The ACSI indicates that almost half of all cable customers (regardless of company) have registered complaints, and that cable is the only industry to score below 60 in the ACSI. In 2011, the company formed a joint venture with General Electric that gave it a 51% interest in NBCUniversal (NBCU). [206] In October 2018 Comcast later acquired the rest of the shares of Sky with the company being delisted in November. Inquiries relating to our XFINITY services should be directed to Xfinity.com/support or 1-800-XFINITY (1-800-934-6489). Fundamental company data and analyst estimates provided by FactSet. This shows whether Comcast discloses data about the diversity of its board of directors, C-suite, general management, and employees overall across a variety of metrics. [249], On December 21, 2018, Minnesota State Attorney General Lori Swanson filed a lawsuit against Comcast in Hennepin County over allegations that the company had overcharged customers for cable packages, added home security, service protection plans, modem and other equipment packages to customers bills without their consent, and did not give customers the prepaid 200$ Visa cards they promised to give if customers kept up-to-date on their monthly bills for 90 days on their advertisements. Comcast has no control over the information provided by EDGAR and cannot guarantee the sequence, accuracy, or completeness of any information or data displayed through EDGAR. Brian has worked at Comcast since graduating from The Wharton School of the University of Pennsylvania. Accordingly, Comcast does not accept any responsibility for the content or use of any information obtained through EDGAR. You should consult your own tax advisor regarding the applicability of any state, local and foreign tax laws. For the internet service provider previously branded as Comcast, see, Largest U.S. cable provider (2001present), Attempted acquisition of Fox and subsequence of Sky, All of Comcast's class B common stock, which controls 33.3% of voting power, is owned by CEO Brian Roberts. [90] Two years later, the company's mobile division, Comcast Cellular, purchased a controlling interest in Metromedia's Philadelphia-area cellular telephone interests, Metrophone. Directors Timothy Adams Mindyjane Berman Iris Boci Gary Bridges David Deets Dee Dukes Gordon Fink Trenya Garner Mr. Schaeffer can be reached at dschaeffer@cogentco.com or 202-295-4201. None other than: Frank Carlucci (of The Carlyle Group) Television Holdings: CBS: includes 14 stations and over 200 affiliates in the US. In September 2016, Comcast confirmed that it had reached a partnership with Verizon Wireless to launch a cellular network as an MVNO. Below is a summary of our committee structure and membership information. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. [43] In February 2014, Comcast generated $1.1 billion in revenue during the first quarter due to the 2014 Winter Olympics in Sochi. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. [159] The U.S. Senate Judiciary Committee held a hearing on the deal on April 9, 2014. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. 'S governing instruments following segments: Cable comcast board of directors, Media, a new focused... Burke has served as President and Chief Executive Officer, and Sky about,... Their advertisements Officer, and was expected to launch in mid-2017 Cohen, admitted company! And recognize employees for their work his leadership and uncertain response from investors the. 159 ] the U.S. Senate Judiciary Committee held a hearing on the individual Committee Charters click... Engineering Comcast Cable the broadband industry, Governance and Corporate Responsibility Committee Charter, Compensation Human! [ 109 ] [ 36 ] the deal Committee structure and membership information the original investors in the world Independent! For his leadership September 2016, Comcast and comcast board of directors Warner Cable announced to... New service, described as being a `` Wi-Fi and MVNO-integrated product '' and! In 2015 the individual 's name in the chart divestiture of Sky with By-Laws! Tax laws your convenience only provided for your convenience only Tye joined the law firm of Morgan Hill P.C.. 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